What Are The Best Investing Books, According To The Pros?

Feeling overwhelmed by the stock market but curious about growing your wealth? You’re not alone. Investing can seem like a complex and intimidating world, but with the right knowledge, you can navigate it confidently. Whether you’re a beginner or looking to refresh your investment strategy, diving into a great book can be an excellent first step. Let’s explore some of the best investing books packed with valuable insights and actionable advice to help you become a savvy investor and achieve your financial goals.

Good financial advice can be difficult to come by, which is why many would-be investors turn to books for advice on how to handle their money best. There’s certainly a market for good investing advice: only one in three Americans admit they feel confident in their investing skills. We wanted to know which titles are considered the best investing books to add to any investor’s shelf by surveying 10 expert websites. Here are six titles we found frequently recommended across these reviews. If you have any suggestions, please tell us in the comments below!

The List: Best Investing Books, According to Money Pros

1. “The Intelligent Investor” by Benjamin Graham

There’s one book on the tip of most investing experts’ tongues when you first get started. Benjamin Graham’s timeless classic, “The Intelligent Investor.” Investing guru Benjamin Graham might not be a household name, but according to The Penny Hoarder, he’s basically the founding father of a whole way of investing called “value investing.” This strategy is all about finding companies that are actually worth more than their current stock price, kind of like scoring a designer outfit on sale!

Graham’s book, “The Intelligent Investor,” might be pushing a century old, but don’t let that fool you. Bankrate says it’s still brimming with timeless advice and tactics you can use to outsmart the market today. Imagine having an investing mentor who’s seen it all – the booms, the busts, the flash crashes – and is here to share his wisdom. That’s what picking up “The Intelligent Investor” feels like!

2. “Beating the Street” by Peter Lynch

Former manager of the Magellan Fund at Fidelity, Peter Lynch is about as well known as one gets in the world of investing. He made headlines a couple decades ago when his strategies, which defied the experts of that day’s guidelines, started beating out everybody.

He’s also famous for teaching investors to really get to know the companies they invest with. Forget boring charts and graphs! According to Expensivity, legendary investor Peter Lynch flips the script on how we typically view stocks. Instead of just numbers on a screen, Lynch argues that each stock represents a real, live company – like a bakery down the street or a tech startup you read about. Sounds obvious, right? Well, as Expensivity points out, it’s easy to get caught up in the day-to-day market frenzy and forget there are actual businesses behind those stock prices.

That’s where Lynch’s magic comes in. His book is your guide to becoming a company guru. Imagine being able to dissect a company like a financial Sherlock Holmes, understanding its strengths, weaknesses, and its future potential. With that kind of knowledge, Expensivity says you can build a rockstar investment portfolio filled with companies you truly believe in, not just random tickers on a screen.

3. “The Psychology of Money” by Morgan Housel

Housel’s book was only written a few years ago, but quickly has found a home on the shelf of classic investment books. This investing guide is more like a captivating financial travelogue, according to Investopedia. Instead of drowning you in jargon, Housel takes you on a whirlwind tour through 19 short chapters, each one packed with insights into our often-strange relationship with money. Think of it as a psychological safari, but instead of lions and tigers, you’re encountering mental biases and emotional roadblocks that can derail your financial goals!

As U.S. News explains, understanding how our brains tick is key to unlocking smart money moves. This book explores the fascinating psychology behind our financial decisions, revealing the hidden forces that can make us spend impulsively or avoid the stock market altogether. Armed with this knowledge, you can outsmart your own brain and develop a winning financial strategy for the long haul.

4. “The Richest Man In Babylon” by George S. Clason

Short, brilliant, and to the point. This book was written in 1926 but is still considered a must-read. If you struggle to understand spreadsheets and numbers, this is the investing book for you.

Ever heard of financial wisdom whispered through the sands of time? That’s the magic of “The Richest Man in Babylon.” According to The Penny Hoarder, this book takes you on a journey to ancient Babylon, where wise parables replace dry lectures. Imagine learning about saving and investing through captivating stories instead of dense financial jargon! Each chapter unfolds like a mini financial fable, with characters facing real-life money challenges that are still relevant today.

The Penny Hoarder also likes the book’s bite-sized format. Divided into short, easy-to-digest chapters, “The Richest Man in Babylon” can be devoured in just a few hours. So ditch the intimidation factor – this book is all about practical advice delivered in a captivating way, making it the perfect financial oasis for busy schedules.

5. “Security Analysis” by Benjamin Graham and David L. Dodd

Benjamin Graham, who Warren Buffett considers his mentor on investing, actually wrote two gems on investing. “Security Analysis” goes more in-depth than “The Intelligent Investor,” but the two books together will set you up to get started as an investor or to refine or enhance your strategy.

Wall Street might have its fancy lingo and complex formulas, but there’s a simpler, time-tested approach to investing championed by Benjamin Graham and David Dodd. Their book, “Security Analysis,” is like the investing bible. It has sold over a million copies and guided generations of investors towards success. First published in 1934, this financial classic lays out the core principles of value investing – the art of scooping up stocks that are worth more than their current price tag. Imagine finding a hidden gem of a stock, like a vintage Rolex watch on a bargain rack! That’s the power of value investing, and “Security Analysis” is your guide to mastering this strategy (Ruleoneinvesting.com).

6. “The Little Book of Common Sense Investing” by John C. Bogle

Ever heard of Vanguard? It’s only one of the most successful brokerages that’s ever existed. Go back fifty years, and Vanguard sits among the most successful investing companies in the world. The man who founded Vanguard, John Bogle, wrote this final investing book that rounds out our list.

Tired of investment books that look like textbooks? Then “The Little Book of Common Sense Investing” by John Bogle might be your perfect match, according to The Penny Hoarder. Forget walls of text – this book is all about making complex financial concepts clear with easy-to-understand charts, graphs, and tables. Think of it as a financial infographic come to life! The Penny Hoarder also points out that Bogle backs his ideas with real evidence, using historical data and even referencing the opinions of other financial experts (even the ones who disagree with him!). So you’re not just getting Bogle’s perspective, you’re getting a well-rounded view of the market to help you make informed decisions.

Sources:

• Investopedia.com
• Morningstar
• Bankrate
• U.S. News
• Rocket Mortgage
• The Ways To Wealth
• The Balance Money.com
• The Penny Hoarder.com
• Expensivity.com
• Rule One Investing

Note: This article was not paid for nor sponsored. StudyFinds is not connected to nor partnered with any of the brands mentioned and receives no compensation for its recommendations. This article may contain affiliate links in which we receive a commission if you make a purchase.